Examlex
Which of the following statements is correct?
Readily Understandable Language
Language that is easily comprehensible to a general audience without specialized knowledge.
Breach of Warranty
The failure to fulfill the terms of a promise or guarantee made about the quality or condition of a product or service.
Finance Company
A type of financial institution that provides loans to consumers and businesses, often for specific purchases such as vehicles, equipment, or home improvements.
Holds a Lien
Refers to the legal right or interest that a lender has on a property, until a debt owed by the property owner is paid off.
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